Leggett & Platt Inc T.LEG

Primary Symbol: LEG

Consumer Cyclical

Leggett & Platt, Incorporated is a manufacturer that conceives, designs, and produces a range of engineered components and products found in many homes and automobiles. The Company’s segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as produces private label finished mattresses for bedding brands. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. It also produces and distribute tubing and tube assemblies for the aerospace industry and engineered hydraulic cylinders used in the material-handling and construction industries. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers.

NYSE:LEG - Post by User

Leggett & Platt Inc > Dissapointing 2nd Quarter Results

<< Previous

Bullboard Posts

Next >>

Comment by Upside123on Aug 13, 2014 10:16am

365 Views

Post# 22836125

RE:Dissapointing 2nd Quarter Results

LEG beat the analysts number marginally. They have also low balled their exit BOE numbers for the end of the year. Clearly the market is not impressed with their ongoing story. Haven't we heard this before?

I agree, the board should strart doing their job and should start looking for Trent's replacement and start looking at strategic options for a merger/sale. The sooner the better.

<< Previous

Bullboard Posts

Next >>

Yukon agency detects cyanide near Victoria Gold's Eagle mine